Global Economic Times

2026.05.08 (Fri)
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Hyundai Motor Group Bets $700 Million on Mexico Amid Trade Policy Volatility

MEXICO CITY — In a bold move that defies growing geopolitical tension and fluctuating trade policies, Hyundai Motor Group (HMG) is significantly ramping up its investment in Mexico. While other
Kakao Hits Record Q1 Performance: Operating Profit Surges 66% as Focus Shifts to "Agentic AI"

SEOUL — Kakao, the South Korean tech giant behind the country’s ubiquitous messaging app, announced today that it has achieved its highest-ever first-quarter results. Driven by the robust

Honda Halts $15B Canada EV Plant Plans Amid Strategic Pivot to Hybrids

(C) Investopedia TOKYO – Japanese automaker Honda Motor Co. has indefinitely suspended its plans to build an electric vehicle (EV) and battery manufacturing hub in Ontario, Canada, as the compa

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Arensia Intensifies Japan Market Push with LOFT COSFES Participation and Ginza Pop-Up: SEOUL, SOUTH KOREA – Korean beauty brand Arensia is making significant strides in its global expansion strategy, with a stro ...; Hwang Sujin Reporter 2025.04.28

South Korea's Supreme Court Broadens Definition of Unfair Labor Practices in Favor of Unionized Workers: Seoul, South Korea - In a significant ruling for labor rights, South Korea's Supreme Court has broadened the interpretation of unf ...; Hwang Sujin Reporter 2025.04.28

Hydrogen Vehicle Boom Faces Charging Infrastructure Bottleneck in South Korea: SEOUL, South Korea - South Korea's ambitious push towards a hydrogen-powered transportation future is encountering a significant h ...; KIM YOUNG MIN 2025.04.28

POSCO Group Honored with Double Win at Prestigious IR52 Jang Young-shil Awards: SEOUL, South Korea – POSCO Group has once again demonstrated its commitment to innovation and sustainability, securing two d ...; Yim Kwangsoo Correspondent 2025.04.28

South Korea Hikes Train Ticket Cancellation Fees and Fare Evasion Penalties on Peak Days: SEOUL, South Korea – In a move to combat "no-show" passengers and deter fare evasion, South Korea's Ministry of Land, Infras ...; KO YONG-CHUL Reporter 2025.04.28

Paraguay Records Unprecedented Employment Growth: Government Policies Prove Highly Effective: Paraguay has recently marked a remarkable employment surge, signaling a positive upturn in its economic vitality. The Paraguayan M ...; Greace Nunez Correspondent 2025.04.28

52nd Anniversary of the Itaipu Treaty: Paraguay and Brazil's Historic Cooperation and Foundation for Energy Independence: April 26, 2025, marks the 52nd anniversary of the signing of the Itaipu Treaty, which laid the groundwork for the construction of ...; Yim Kwangsoo Correspondent 2025.04.28

Paraguay's Construction Sector Drives Economic Recovery, Generating Over 220,000 Jobs in 2024: Paraguay's construction sector has emerged as a key driver of economic recovery, generating 221,369 jobs in 2024 thanks to proacti ...; Desk 2025.04.28

Regional Supermarket Federation Urges Reconsideration of Sanitary Registration Exemption: Expresses Concern Over Allowed Exemptions for Imported Food and Beverages: The regional supermarket industry has voiced deep concern regarding local measures that suspend and allow exemptions from the sani ...; Ana Fernanda Reporter 2025.04.28

Seeking International Cooperation for the Reconstruction of the Philippine Shipbuilding Industry: Denmark-Philippines Joint Webinar to be Held: The Embassy of Denmark in the Philippines, in cooperation with the Philippine Department of Transportation (DOTr) and the Anti-Red ...; Yim Kwangsoo Correspondent 2025.04.27

Singapore Hosts Successful Opening of GITEX ASIA x Ai Everything, Opening Doors for Asian Technology Collaboration: Singapore – Amidst weeks of fervent anticipation from the regional and international tech industries, the inaugural GITEX AS ...; Eugenio Rodolfo Sanabria Reporter 2025.04.27

Gyeonggi Province Invests $3.9 Million to Expand Coastal Road on Jebudo Island, Boosting Safety and Tourism: Gyeonggi Province has announced a significant investment of 5.2 billion KRW (approximately $3.9 million USD) to enhance the coasta ...; Kim Sungmoon Reporter 2025.04.27

Congestion at Incheon Coastal Ferry Docks and Terminals Hinders Island Accessibility: The Incheon coastal ferry docks and terminals, vital transportation hubs for accessing the city's islands, are facing severe conge ...; Hwang Sujin Reporter 2025.04.27

Incheon Port Accelerates Transition to Eco-Friendly Hub: INCHEON, South Korea – The Incheon Port Authority (IPA), led by CEO Lee Kyong-gyu, is embarking on a significant transition ...; Min Gyu Mi Reporter 2025.04.27

Incheon Port Surpasses National Growth with Strategic Investments and New Routes: Incheon Port has garnered recognition for its remarkable growth over the past five years, outperforming other major domestic ports ...; Min Gyu Mi Reporter 2025.04.27

Incheon Airport Launches ₩500 Million Incubation Program to Foster Innovative Aviation Startups: Incheon, South Korea – Incheon International Airport Corporation (IIAC), led by President Lee Hak-jae, has announced a call ...; KO YONG-CHUL Reporter 2025.04.27

Samsung Boosts India Presence with ₹10 Billion Investment in Tamil Nadu Plant Amid Labor Issues: Samsung Electronics is further solidifying its commitment to the Indian market by injecting ₹10 billion (approximately ₹170 billio ...; Hwang Sujin Reporter 2025.04.27

India's CCTV Market Booms Amidst Rising Security Concerns and Government Initiatives, Offering Opportunities for Korean Firms: New Delhi, India – The Indian closed-circuit television (CCTV) market is experiencing rapid expansion, fueled by increasing ...; Yim Kwangsoo Correspondent 2025.04.27

Brain Drain: South Korea Loses Top Scientists to China's Aggressive R&D Push: South Korea, a global leader in memory semiconductors, is facing a critical challenge as its top scientific minds are being lured ...; Ana Fernanda Reporter 2025.04.27

Volkswagen Considers US Production of Audi to Circumvent Potential Trump Tariffs: German automotive giant Volkswagen is reportedly exploring the possibility of manufacturing some Audi vehicles within the United S ...; KO YONG-CHUL Reporter 2025.04.27